Ahead of Memorial Day, New Beer Industry Report Boasts $409 Billion in Economic Impact

Ahead of Memorial Day weekend and the start of the summer selling season, the Beer Institute and the National Beer Wholesalers Association (NBWA) released their biennial Beer Serves America report today on the economic impact and importance of the American brewing industry. The study found that the U.S. beer industry now supports nearly 2.4 million local jobs and contributes more than $409 billion to our economy – equivalent to 1.6% of GDP. The beer industry also pays more than $132 billion in wages and $63.8 billion in taxes.